Key macro triggers for D-Street on Friday
Here is a list of the key macro triggers that you need to know before starting your day on Friday:
IndiGo’s Interest in Air India: The government’s plan to disinvest from its debt-laden national carrier got a boost with IndiGo, the country’s biggest airline operator, expressing interest in buying a stake in Air India, a day after the cabinet approved a proposal to dilute state ownership in the airline.
PAN will Not be Cancelled After June 30: The income tax department has said permanent account numbers that are not linked to Aadhaar by July 1 will not be cancelled, stepping in to calm the panic caused by a notification issued on Wednesday.
FDI & Govt: The government will clear all FDI proposals requiring approval within a maximum of 10 weeks, after the receipt of an application as per the standard operating procedure which replaces FIPB.
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Via:: Stock – India Infoline